Quizam Media Corp.
TSX VENTURE : QQ

Quizam Media Corp.

December 04, 2006 14:01 ET

Quizam Sells Gulf State Licence for $250,000 USD Plus 25% Royalty Fee Plus Option on Saudi Arabia for Additional $250,000

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 4, 2006) - Quizam Media Corporation ("Quizam" or "the Company") (TSX VENTURE:QQ) is pleased to announce that it has sold another "Territory License" for the "Quizam Rights to the Gulf States of Qatar, Kuwait, Oman, Bahrain and the United Arab Emirates" to Muraillies Investments Ltd.

Under the terms of the contract Muraillies Investments is paying $250,000 USD for the license and 25% of all revenues derived there from. Additionally Muraillies has an option for the licence for Saudi Arabia for further $250,000.

Quizam will work to develop a new curriculum in Arabic. In addition due to the large numbers of English speaking families working and living in the Gulf, Quizam will enable children at International schools in the region to have the benefit of Quizam currently used in American and Canadian schools.

There will be a full launch of the software in Bahrain once the Arabic version is complete.

Russ Rossi, President, states, "The Arab Gulf States represent a huge market for Quizam. Traditionally these countries have embraced both technology and education."

Mr. Aberle, a Director of Murrailles states, "There is a tremendous opportunity to bring this new style of learning to a vast area for children who we feel sure will be able to embrace the technology."

About Quizam Media Corporation (www.quizam.com)

Quizam Media Corporation is currently launching sales of Quizam Software, a compelling Computer-Based Assessment tool that utilizes time-tested quizzing methods to empower students to learn in an environment where their assessment is instantaneous and their learning curve is accelerated. Students that use Quizam learn faster and score higher. Quizam's mission is to empower over a billion school-aged children and university students globally with relevant, effective and fun study aids.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and nature of potential acquisitions, joint ventures, partnerships, business dealings and financings, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are cautioned not to place undue reliance on the forward-looking statements made in this Press Release.


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